China's surging tourism demand lifts hoteliers' spirits

07/12/2013 | Hotel Interactive

U.S. hotels are seeing a bright future ahead amid an expected surge in inbound travel from China's middle-class segment. "Last year alone Chinese travelers spent a whopping $102 billion, making China the largest spender in the international tourism market," said Loews Hotels Chairman Jonathan Tisch. Hotel chains in China are in the same positive mood as they prepare to capture demand from Chinese travelers looking to take leisure trips within the country.

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